NSSF gets David Ogong as new board chair

The Minister of Gender, Labour, and Social Development, Betty Amongi, has appointed a new Board of Directors for the National Social Security Fund (NSSF) for a three-year term, effective September 1, 2024.

David Ogong has been named the new Board Chairperson, succeeding Peter Kimbowa, whose three-year term ended on September 1, 2024.

Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury, also joins the Board, replacing Patrick Ocailap. Additionally, Richard Bigirwa has been appointed as a workers’ representative under the National Organisation of Trade Unions (NOTU), taking over from Lwabayi Mudiba Hassan.

Minister Amongi also reappointed Aggrey David Kibenge as the representative of the Ministry of Gender, Labour, and Social Development. Silver Mugisha and Annet Mulindwa Nakawunde will continue to represent employers under the Federation of Uganda Employers (FUE).

Other appointees include Sam Lyomoki and Penninah Tukamwesiga, representing workers under the Confederation of Free Trade Unions (COFTU), and Annet Birungi, representing workers under NOTU. Patrick Ayota, the NSSF Managing Director, will continue serving as an executive member of the Board.

At the inauguration ceremony held in Kampala, Minister Amongi urged the new Board to prioritize financial management as outlined in Section 4 (4) of the NSSF Act. “The Board shall ensure secure, profitable, and effective financial management of the Fund for the benefit of workers and the country. It is your responsibility to maintain the tradition of excellence the Fund has enjoyed over the years,” she stated.

Upon his appointment, Ogong committed to upholding the NSSF’s record of strong performance. “We will hold management accountable to achieve our vision,” he pledged.

NSSF Managing Director Patrick Ayota welcomed the new appointments, noting the mix of experience and continuity. “The newly appointed members bring immense experience, while the re-appointed members ensure a smooth transition from the 12th to the 13th Board,” he said.

The outgoing 12th Board oversaw the growth of the Fund’s Assets Under Management, which increased from UGX 17 trillion as of September 1, 2021, to slightly over UGX 22 trillion by September 1, 2024.

Who is David Ogong?

David Ogong is a seasoned executive with over 15 years of experience in strategy, planning, and regulatory roles, particularly in Uganda’s communications industry and capital markets. He previously served as Director of Market Supervision at the Capital Markets Authority (CMA) and held leadership roles at the Uganda Communications Commission (UCC), including Director of Competition & Corporate Affairs and Director of Finance & Information Technology.

Ogong holds a Global MBA from Oxford Brookes University (UK), an MSc in Accounting & Finance, and a BA in Accounting & Finance from London South Bank University (UK). He is also a fellow of the Association of Chartered Certified Accountants (FCCA, UK) and a member of the Institute of Chartered Public Accountants of Uganda (ICPAU).